Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Copper

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles through hydrometallurgical processes. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Company’s Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.

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Sherritt International Corp

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Comment by Contrarian333on Dec 18, 2018 10:18pm

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Post# 29132718

RE:RE:Let Me Clear Up The Bullshit!

That is not how Ambatovy will work out. Sherritt won't put more money in. The Koreans won't put more money in. Sumitomo will. The most likely scenario is for a level of financing below the jv financing and above the equity supplied by Sumitomo with preferential payout ahead of the equity. Otherwise, the alternative is a dilution of Sherritt and the Korean's interest. As operator Sherritt has leverage here.

I'm sorry but your other arguments don't even make sense. Months ago I provided a rough cash flow scenario based on different nickel prices. It is that cash flow that will drive the share price in the end.

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